According to Reuters Chinese network, the report released by the International Finance Association (IIF) on the 15th pointed out that the global debt may reach a record high of more than 255 trillion US dollars in 2019, and the per capita debt is close to 32500 US dollars based on the global population of 7.7 billion.
It is reported that the IIF report shows that the above debt scale is more than three times the global annual economic output value, with an increase of $7.5 trillion in the first half of the year, and there is no sign of slowdown.
IIF said in its report, "there is little sign of a slowdown in debt growth. We expect the global debt scale to exceed US $255 trillion this year."
The report shows that in the first half of 2019, the government debt increased the most, by 1.5 percentage points, followed by non-financial enterprises, by 1 percentage point.
IIF data also show that the total debt outside the financial industry has now reached $190 trillion, equivalent to more than 240% of global GDP.
In addition, the analysis released by Bank of America Merrill Lynch shows that since the bankruptcy of Lehman Brothers, the U.S. investment bank, the government has borrowed $30 trillion, enterprises borrowed $25 trillion, households borrowed $9 trillion and banks borrowed $2 trillion.
IIF pointed out in its report that the global bond market has increased from US $87 trillion in 2009 to more than US $115 trillion. Government bonds now account for 47 per cent, up from 40 per cent in 2009. Bank bonds fell from more than 50 per cent in 2009 to less than 40 per cent.